The savings account is in addition to the existing Child Development Account (CDA), which is used for education and healthcare expenses. Read more at straitstimes.com.
Singapore, Asia markets react to BOJ rate hike; STI rises 0.4%
The local banks rose: DBS was up 0.1 per cent to $36.59; OCBC climbed 0.3 per cent to $14.85; and UOB, which releases second-quarter results on Aug 1, added 0.3 per cent to $32.35. THE BUSINESS TIMES ...
Singapore signs pact with US to deepen understanding of nuclear reactors, safety
SINGAPORE: Singapore and the United States on Wednesday (July 31) inked a 30-year agreement that will allow the Republic to learn more about the latest nuclear technologies and scientific research ...
Singapore Airlines reports lower first-quarter profit
Singapore Airlines reported a 38.4% fall in first-quarter net profit on Wednesday, hurt by lower yields and a rise in fuel costs.
Exclusive-New US rule on foreign chip equipment exports to China to exempt some allies, sources say
The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some foreign countries to Chinese chipmakers, ...
Manufacturing and services firms in Singapore upbeat about second half of 2024: Surveys
This is on the back of growing demand in semiconductors, increased travel and consumer spending. Read more at straitstimes.com.
TikTok-owner ByteDance’s Singapore workers suffer mass food poisoning
An office of TikTok-owner ByteDance in Singapore was hit by a mass food poisoning incident on Tuesday, according to local authorities.
Now a Singapore brand, bubble tea chain Playmade sets its sights on the US
BUBBLE tea chain Playmade began as a franchise from Taiwan, but has since become a Singapore brand – and is now poised to expand overseas. Read more at The Business Times.
Singapore Manufacturers, Services Firms Signal Cautiously Positive Outlook
Singapore's manufacturers and services providers are cautiously upbeat about the outlook for their sectors for the rest of the year, survey data showed, in a positive sign of the city-state's economic ...
Singapore, US ink deal to study how nuclear technology can support climate and energy needs
No decision has been made on the deployment of nuclear energy in Singapore, officials reiterated.
Singapore startup Beep raises US$3.3 million in pre-series A investment round
BEEP, a Singapore-based Internet of Things startup, on Wednesday (Jul 31) announced the close of its US$3.3 million pre-series A investment round. Read more at The Business Times.
GXS Bank Eyes March 2027 Profitability, Targets US$3B Deposits and US$2B Loans
GXS Bank, a digital bank backed by Grab Holdings and Singtel, aims to achieve profitability by March 2027, according to Muthukrishnan Ramaswami, GXS’ Group CEO. Grab holds a 60% stake in GXS, while ...
India’s July diesel, jet fuel exports to Singapore, Australia set to hit 2-1/2-year high
India's diesel and jet fuel shipments to Singapore and Australia are set to hit the highest levels in 2-1/2 years in July as sellers looked east with demand tepid from Europe, according to industry ...
Singapore stocks kick off on Wednesday—STI rose by 0.3%
In the broader market, 53 stocks were up while 37 were down, with 21.9 million securities valued at S$37.3 million traded ...
“I earn $70/day if TP fine me. I can’t afford the S$150 fine” – Netizens sympathise with Singapore taxi driver’s handwritten sign for passengers to fasten seatbelts
SINGAPORE: A photo of a Singapore taxi driver’s handwritten sign urging passengers to fasten their... The post “I earn $70/day if TP fine me. I can’t afford the S$150 fine” – Netizens sympathise with ...
‘No brainer’: Thailand to become second in Southeast Asia to tax carbon emissions
In time, Thailand's strategy could give its industries a competitive edge while reducing greenhouse gas emissions, experts say. Singapore was the first in the region to introduce a carbon tax in 2019.